Tag : Intu
Intu sells three properties for £25mSubscription
Shopping centre owner Intu has agreed terms for the sale of three properties with a combined value of £25.2m.
Intu buyout deal cancelled Subscription
An offer to buy shopping centre owner Intu has been withdrawn after months of negotiations as a result of “uncertainty” in the market.
Shopping centres in crisis over rentsSubscription
Shopping centres, already hit by declining footfall and changing consumer habits, are facing further challenges as “unprecedented deals” are being made on rents.
Mike Ashley has reportedly decided to close all of his stores that are located in Intu-owned shopping centres – including Sports Direct and USC – as his dispute with the landlord continues.
Deadline extension for Intu buyout talksSubscription
Shopping centre owner Intu has been granted a deadline extension for talks to take the company private.
Intu income steady in 'challenging' yearSubscription
Shopping centre owner Intu has announced it anticipates full year rental income to grow between 0% and 1% in 2018, in a “particularly challenging” period for UK retail.
Intu receives £2.9bn bid Subscription
Shopping centre developer and property company Intu has announced it has received a possible bid offer that values it at £2.9bn.
Billionaire poised for Intu buyout bid Subscription
John Whittaker, the billionaire owner of Peel Group investment company, is reported to be preparing to make a bid to buy the shopping centre owner Intu Properties.
Hammerson initiates strategy reviewSubscription
Hammerson has drafted in the global management consultant firm McKinsey & Co as the shopping centre owner prepares to launch a new strategy to its shareholders next month.
Intu has announced plans for a £13m makeover of its Intu Watord shopping centre ahead of the opening of its expansion later this year.